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Nov 21, 2012
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joe is also on the fix the debt campaign. it's great to have you on the program. >> nice to see you again. >> thank you so much. we had this big rally in stocks on monday. on some rhetoric, i guess, that led investors to believe there was optimism we will get a deal done on this fiscal cliff. now they've left town. what do you think happens? >> i don't understand why there's not a sense of urgency. i agree with mario. i don't know that people appreciate the fact what cliff means. remember sundance kid, butch ka cassidy, when they jump over the cliff and they fell? the taxes are going to go up. interest rates are going to go up. nobody will be able to borrow any money. you can't buy a house. you're not going to be able to do anything that you want to do that you do today. as a result, that's what the cliff means. so if the government doesn't fix this issue and come together and get sane, then the bond markets are going to do it. what's a ten-year treasury now? 1.6 or something like that? it will go to 7%. buying a house will c
joe is also on the fix the debt campaign. it's great to have you on the program. >> nice to see you again. >> thank you so much. we had this big rally in stocks on monday. on some rhetoric, i guess, that led investors to believe there was optimism we will get a deal done on this fiscal cliff. now they've left town. what do you think happens? >> i don't understand why there's not a sense of urgency. i agree with mario. i don't know that people appreciate the fact what cliff...
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Nov 6, 2012
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stay with the "closing bell" we're back in a moment. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. ♪ ♪ ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. >>> welcome back. new yorkers getting out to vote in the wake of superstorm sandy. new york governor cuomo allowing residents to cast provisional ballots. my next guest served as governor of the state of new york from 1995 to 2006. he's now in private practice at a law firm. governor george pataki joining us. thank y >> hi, maria. good to be with you. >> might this drag out for da
stay with the "closing bell" we're back in a moment. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to...
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Nov 14, 2012
11/12
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fifteen minutes could save you fifteen percent or more on car insurance. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> and finally today my observation on compromise or lack thereof. today another sharp selloff in stocks.
fifteen minutes could save you fifteen percent or more on car insurance. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of...
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Nov 5, 2012
11/12
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we have wall street's best money pros weigh in. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >>> welcome back. all eyes on the election tomorrow. next guests are here to tell us what the results might mean for the market. join me right now randy bateman from huntington funds, and brian lund from ditto trade. good to see you all. randy, let me kick this off with you. 30 seconds on the clock. what do you want to watch for tomorrow? >> okay, just as nature abhors a vacuum, certainly the market absolutely hates uncertainty. and hopefully the biggest uncertainty of the year will be resolved tomorrow. and i think we can have a pr
we have wall street's best money pros weigh in. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which...
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Nov 19, 2012
11/12
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rick santelli is staying late as well with this rally here. >> ready to go, joe? >> yes. >> what do you make of the rally? >> i guess when republicans want to peek past what is involved besides a tax increase, that signals a compromise. so, the markets say, hey, maybe they'll work things out in washington. the unfortunate thing is this lift today will be met with more selling as we get closer to the holiday and the long weekend. >> this is not a new phase here -- >> you can look at volume, behavior of the trading and it looks like we'll have a little more of a lift. we've broken through a level that held nicely. started to lift onto the tail end of the day. i think if we can get a little closer to the tail end, but toward the end of the year, we'll test higher. >> do you believe this is a rise above rally? do you believe it won't hold? >> it's going to be very choppy. what bill mentioned about the 200-moving day rally, there's a sentiment when the market gets to a certain point, we're starting to see that, certainly with the clients we're talking to. yes, huge fea
rick santelli is staying late as well with this rally here. >> ready to go, joe? >> yes. >> what do you make of the rally? >> i guess when republicans want to peek past what is involved besides a tax increase, that signals a compromise. so, the markets say, hey, maybe they'll work things out in washington. the unfortunate thing is this lift today will be met with more selling as we get closer to the holiday and the long weekend. >> this is not a new phase here --...
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Nov 15, 2012
11/12
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have a good night, everybody. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. by december 22nd sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks
have a good night, everybody. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket...
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Nov 13, 2012
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go ahead, joe. 48 cents is the number on cisco versus 46 cents estimate. on revenue, $11.88 billion. we just got the cisco numbers, everyone. 48 cents a share is the earnings for cisco versus an estimate of 46 cents a share. the revenue coming in at $11.88 billion. that's also better than the estimate, which called for revenue of $11.77 billion. we want to get some instant reaction. mark, i know you just got the headline numbers, but what's your take? >> i think those numbers are actually not that bad considering it's been a tough environment. on the bottom line, two cents better shows that the company's actually operating a little better. the issue, really, is related to the stock, which is underperformed so far. it's down 6% last year. down 6% again this year. operationally, they are doing a better job. they also boosted their dividend. when we talk to investors, there seems to be a buyer strike at the moment. investors are concerned about networking and whether that entire market can become monetized and cisco's margins will be decreased. i think what's
go ahead, joe. 48 cents is the number on cisco versus 46 cents estimate. on revenue, $11.88 billion. we just got the cisco numbers, everyone. 48 cents a share is the earnings for cisco versus an estimate of 46 cents a share. the revenue coming in at $11.88 billion. that's also better than the estimate, which called for revenue of $11.77 billion. we want to get some instant reaction. mark, i know you just got the headline numbers, but what's your take? >> i think those numbers are actually...
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Nov 7, 2012
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then there was joe kors in colorado. he certainly had name recognition. he's from the coors beer family. his money wasn't enough to unseat the incumbent there. do voters just dislike the wealthy? that's one theory. the 2010 elections saw most rich candidates fail. the other theory is that these candidates just are not electable. wealthy or not. money can do a lot of things, but apparently it can't guarantee you a seat in the senate. maria. >> that's really extraordinary. i guess, you know, the question is, was it a waste of money for these guys? apparently it was. >> a lot of people will ask, you know, what else could linda mcman have done with that $100 million? she could have done a lot of things. i think they would say they probably impacted the debate, discussion. who knows whether they could have won or lost. if you ask them, it was probably money well spent. although, they're not feeling very good today. >> right. just to get their voice in the conversation. >> exactly. >> robert, thanks so much. so do americans really hate rich people or did they s
then there was joe kors in colorado. he certainly had name recognition. he's from the coors beer family. his money wasn't enough to unseat the incumbent there. do voters just dislike the wealthy? that's one theory. the 2010 elections saw most rich candidates fail. the other theory is that these candidates just are not electable. wealthy or not. money can do a lot of things, but apparently it can't guarantee you a seat in the senate. maria. >> that's really extraordinary. i guess, you...
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Nov 20, 2012
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joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. >>> welcome back. a cease fire between israel and gaza is reportedly just hours away and could end seven days of fighting. nbc's ayman is in gaza with the latest. over to you. >> reporter: well, good afternoon. you could probably have heard that sound 45 seconds ago of a loud israeli explosion. there's no truce going into effect tonight. that's not o
joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. if we want to improve our schools... ... what should we invest in? maybe new buildings? what...
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Nov 28, 2012
11/12
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joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. glnchts there's a shot of the white house. the meeting between president obama and efrl of the nation's ceos set to begin momentarily, about ten minutes away. you have the ceos today of goldman sachs, caterpillar, our boss at comcast, marriott, and many other top executives there. we saw jimmy lee earlier there. >> all of them trying to rise above. >> well, they'
joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national....
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Nov 8, 2012
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jared bernstein is former economic advisor to vice president joe good to see you both. thank you so much for joining us. diana s delaying everything really the best option here? i don't think that's what voters want. what do you think? >> well, i think it is. i think the majority of voters don't want taxes to increase. that's why john boehner has such a large majority of republicans in the house of representatives almost probably more americans voted for republican members of the house of representatives than for president obama. he does not have a mandate to raise taxes. >> jared? >> if we postpone it -- go ahead, jared. >> no, please. go ahead. >> if we postpone the tax hikes and the spending cuts for a year, it'll give congress a chance to do some fundamental tax reform that will not hurt the economy, that will bring in more revenues that will make everything more efficient. >> jared, what do you think? does going over the cliff make everyone work harder to get a deal done? >> i think it probably would, but it isn't by any stretch of the imagination an optimal way to
jared bernstein is former economic advisor to vice president joe good to see you both. thank you so much for joining us. diana s delaying everything really the best option here? i don't think that's what voters want. what do you think? >> well, i think it is. i think the majority of voters don't want taxes to increase. that's why john boehner has such a large majority of republicans in the house of representatives almost probably more americans voted for republican members of the house of...